All nanny employers need to keep the Total Cost of having a nanny in mind - whether you're just thinking about having a nanny or have been employing for some time. The Total Cost is what the employers total outgoings will be regarding the nanny's salary and is made up of the following parts:
Nanny's Net (take-home) Pay + nanny's Tax and National Insurance = nanny's Gross Pay + Employer's National Insurance Contribution = Total Cost
The calculator to the left will help you approximately work out your Total Cost from the nanny's Net Wage.
What we can do for you
When you sign up to our nanny payroll service, Nannytax will act as your agent in all things payroll. That means we deal with HMRC on your behalf and sort out all of the communications with them for you, including setting up your nanny's PAYE scheme and making sure all your tax and NI calculations are up to date and as accurate as possible.
And there's more...
Nannytax provide all the suppport a nanny employer needs. We will:
- provide weekly or monthly payslips for your nanny
- provide a sample employment contract for your nanny
- give you unlimited support from our team of payroll experts
- allow you unlimited access to our Legal Helpline
There's even more support too... find out here >